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CLEVELAND,
March 27, 2013 /PRNewswire/ -- Associated Estates Realty Corporation (NYSE, NASDAQ: AEC) announced today that the Company's first quarter 2013 earnings are scheduled for release after the market closes on
Tuesday, April 23, 2013. Promptly following the news wire release, the earnings announcement and supplemental fact booklet will be available in the "Investors" section of the Company's website.

A conference call to discuss the results will be held at
2:00 p.m. Eastern, on
Wednesday, April 24, 2013. To participate in the call:

Via telephone: The dial-in number is 800-860-2442, and the passcode is "Estates." The conference call playback will be available through
May 8, 2013. The dial-in number for the call playback is 877-344-7529 and the conference number to reference is 10026683.

Via the Internet (listen only): Access the "Investors" section of the Company's website at
AssociatedEstates.com. Please log on at least 15 minutes prior to the scheduled start time in order to register, download, and install any necessary audio software. The webcast will be archived for 90 days.

Associated Estates is a real estate investment trust ("REIT") and is a member of the Russell 2000 and the MSCI US REIT Indices. The Company is headquartered in
Richmond Heights, Ohio. Associated Estates' portfolio consists of 51 properties containing 13,107 units located in ten states. For more information about the Company, please visit its website at
AssociatedEstates.com.

For more information, please contact:

Jeremy Goldberg(216) 797-8715

SOURCE Associated Estates Realty Corporation

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